Global Intellicom--Symbol GBIT Message Board

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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT

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To: bullmarket who wrote (296)	4/3/1998 11:19:00 AM
From: Moonglow	Read Replies (2) of 1096

Well, It's starting to feel real cozy over here. I'm in too! As of this morning. Put up 1000 shares of DGIV as collateral. What does that mean? Well, it means I haven't sold those 1000 shares of DGIV, and it means I'm freeriding GBIT. Figured that maybe if it does skyrocket next week that I'll be able to keep 1000 shares of the GBIT without ever having to pay for it! Worst case scenario just means that I will have to sell the 1000 shares of DGIV. But I've had very good luck sometimes in freeriding even though my brokerage firm always slaps my wrist and puts me on restriction! Oh well.....naughty me! I never freeride without having the collateral to cover if need be. GREAT to be with you guys! Juanita

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